Acquisition

Volkswagen’s triumphant bid to take over luxury German carmaker Porsche marks the end of a bitter family power struggle and the start of a drive to become the world’s top auto manufacturer. "VW and Porsche are entering a new era — the company has the means to become number one," pipping Japan’s Toyota by...
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China has rejected Coca-Cola’s planned $2.4 billion acquisition of top juice maker Huiyuan Juice, saying the deal would have been bad for competition. The acquisition by Coca-Cola would have been the largest-ever buyout of a Chinese company by a foreign rival, but was rebuffed in what is sure to be seen as another sign...
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